Hi,
For various laws (such as kiddushin, and payment for meaningful contracts as in the sale of chametz), we require a transfer of funds no less than a perutah. A prutah is the value of a certain volume of "pure" silver.
If the smallest unit of currency in a given land is worth more than a prutah, then that smallest unit counts as one prutah.
(Rav Moshe Feinstein, Igrot Moshe Orach Chaim 1:150)
Have a great day,
Mordechai
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